Black Economic Empowerment Blog

December 2015

December 22, 2015

Reminds me of the old joke – and that's how the fight started. To say I was not livid when I heard this news would be an understatement the size of the Christmas myth. I was absolutely pissed off, more than pissed off, I was completely fucked off. We will speculate forever as to the real reasons behind Nene's dismissal, Zuma will never tell. But it seemed pretty obvious that Nene told Dud Miyeni to clip her wings, she ran to number one (she really should run a lot more) and he solved the problem the way he had done before. I'll let Alec Hogg take up the story

Here's a story I was told by someone who should know about these things. Three months ago, he says, then Minister of Mines Ngoako Ramatlhodi was asked by one of Zuma's sons to "intervene" after a mine owned by the politically connected Gupta family was issued a Section 54 notice. These notices are powerful bureaucratic weapons, enforcing the closure of the entire mining operation until safety concerns have been satisfied. Ramathlodi referred the agitated Zuma scion to the Department of Mineral Resources, explaining it was not his place to intervene. After that Ramathlodi refused to take the younger Zuma's phone calls. The next day, the Mining Minister was fired, replaced by an unknown junior politician from the Free State, one Mosebenzi Joseph Zwane. The only time Zwane had previously surfaced was when various associations with the Guptas became public. It sounded too brazen, too fanciful to be taken seriously. I'm not so sure anymore. Over the past week, Finance Minister Nhlanhla Nene blocked a rather transparent plundering attempt engineered by SAA chairman Dudu Myeni. She wants to interpose a small finance house into a long-ago arranged deal between the airline and Airbus on the premise that this tiny firm would eliminate SAA's currency risk. The actual purpose, as former JSE chief executive and SAA board member Russell Loubser puts it, was to fleece fees from the multi-billion rand transaction. Nene publicly issued a statement to overrule the idiotic scheme. Last night Zuma fired him, replacing the respected technocrat with a low ranking ANC cadre even more of an unknown than his new Mining Minister

I'm not going to go into this story any more. The camel was buckling already and this might have been the last grain of sand that pushed it over. Zuma now had completely raped the country. Oh and he wasn't finished yet. Fuck – if you can fire the minister of finance because he has identified your girlfriend as the charlatan she is why stop there. Rumours then abounded that a number of other ministers were on their way out, Rob included. I would imagine that Zuma was "pumped' (his nether regions are really the only functioning part of his body) on that Thursday morning. He had shown South Africa who was boss and he was on a roll. There was going to be a big firepool party at either Nkandla or the Guptas' kaya in Saxonwold. I was clinging onto anything here and the potential firing of Rob was pretty good news to me. But then you had to look at Zuma's MO. Fire a minister and replace him with a dumbassed patsy. If Rob went then his replacement would have been there to listen to the black business council and jungle jim and them only.

What then – well David Des Douglas Sacrificial Lamb etc would have been lobbied to cancel the PPPFA (Preferential Procurement Policy Framework Act) and this would have been the panacea for black business to lap all government business. The new minister of trade and industry wouldn't argue and would publish even more ridiculous BEE charters to make compliance even more impossible. It is a sin to be white in this country you know, and they would fucking show us. If you want to see what our Des(olate) might have done take a look at Ray Hartley's black comedy article on his first day in office – Hartley stresses this is a work of fiction.

I'm not sure that Zuma has the same level of power to sack incompetent ministers (they are all incompetent barring Pravin and Hanekom) and replace them with even bigger idiots. I think he is on a bit of leash now. I wouldn't underestimate him though, he's still a dangerous idiot and can inflict a lot of damage in a very short period of time.

What then of this PPPFA and what'll happen if it is repealed?

The act exists to provide preference points or preference in general to a certain group of people. In the past it focused on levels of ownership. Now it works on BEE scores. I would imagine that Treasury is going to have a major problem with the new retarded BEE regime and preference points because it is going to end up in court. This is the way that businesses get an advantage over each other. If you take the act away what are you going to do? How are you going to favour a certain group over another without defining that group in some way. What our good racist jungle jim doesn't understand is that there is no other way without violating the constitution, not that jungle gives a fuck about that. I believe that it is a little too standard grade for his lower grade intelligence to grasp.

Zungurisation – shame I have been picking on poor old Sand Isle unnecessarily it appears

The Sunday Times wrote this week that Zungu was out of favour with number one. Bugger – from now on Zungurisation will be known as Guptafication.

Happy new year everyone. I'm very positive about next year. I think Zuma is going to take a pounding but he will be probably be here at the end of 2016 because he will do anything to stay of jail. I don't know if he fully understands the extent to which the average tax payer fucking hates him though and how they are now really baying for his sordid HIV free blood. Here's a song for him and his bloated and useless cabinet (excluding Pravin and Derek).